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The Overall Result of EU Funds Absorption in Bucharest-Ilfov Development Region During 2007-2013

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  • Septimiu-Ionut LAZE

Abstract

The research paper aims to provide the both aspects, positive and negative, regarding the overall quality of the process realized in Romania during 2007 and 2013, in the area of EU structural funds accessing. The main goal of the paper is to underline the performance in the economy's basic sectors, in the main development region of the country, namely here Bucharest-Ilfov. The other ones, Center, North-East, North-West, South Muntenia, South-East, South-West Oltenia and West development regions will be analyzed in a future research paper. For the actual achievement of this goal, the research paper introduces two totally new concepts regarding the analyze of management quality in the Romanian public and private entities and theirs performances in the European structural funds absorption process, namely here the Actual Payment from EU Structural Funds (APEUSF) and the Feasibility of the EU Structural Funds Absorption Projects (FEUSFAP). The purpose of the research paper was to obtain an updated, genuine and authentic image of the European structural funds absorption in Romania, uncut by any other exterior interference, such as political, financial, or other forms of pressure that can disturb the objectiveness of the research. Regarding this aspect, the paper’s author declines any financial, political and any other inadvertence, being free of any complacency, in order to assure the essence of the mathematical results obtained during the analyzing process, uncontaminated by any personal beliefs, feelings, subjective opinions of the author, this research aims to underline and show the essence of the mathematical results gained in the process of public data dissection available on the public institution websites. The most important fact gained from this act of study is a holistic, honest, objective and accurate research project, able to underline clearly the total amount of nonrefundable European funds accessed by Romanian entities during 2007-2013 and thereby the quality of management in this foundations, public institutions, public or private companies, regional and central authorities, hospitals and educational institutions regarding the quantity of absorbed nonrefundable funds. Also, this paper has another major role, probably more important than the pure observation of the uncut reality, in terms of offering a wide pallet of possible measures that could assure the coercion and rectification of the inequities retrieved in the research process at the level of this national development region, this purpose being superior to a simply and objective act of embossing reality and underline the pure performance of entities within this region.

Suggested Citation

  • Septimiu-Ionut LAZE, 2016. "The Overall Result of EU Funds Absorption in Bucharest-Ilfov Development Region During 2007-2013," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 66-76, November.
  • Handle: RePEc:rom:mancon:v:10:y:2016:i:1:p:66-76
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